Finances

Finally, it’s time to get back to Ilya Kovalchuk after a busy day in Dallas. Several notes.
--By now you’ve probably read and heard about the impetus behind bringing Kovalchuk on board. Offense! The Kings, though improved in the regular season, need it. We all saw the playoff series. Power play! ... Read More

News, via the NHLPA:
The NHLPA and NHL have announced the Team Payroll Range for the 2018-19 league year. Upper Limit will be $79.5 M, Lower Limit will be $58.8 M: https://t.co/OxyYBBveNy pic.twitter.com/yFYw21u2XB— NHLPA (@NHLPA) June 21, 2018
What this means for the Kings was covered... Read More

Some 10 floors below LAKI HQ at the Wynn Encore in Las Vegas, NHL Commissioner Gary Bettman emerged from a hotel ballroom to inform an assembled group of reporters that the NHL's salary cap ceiling is expected to rise to between $79.5-million and $80-million for 2018-19. Last season's salary cap cei... Read More

The Los Angeles Kings announced shortly before their game against the Winnipeg Jets on Wednesday that they re-signed goaltender Jack Campbell for two years with an average annual value of $675,000 per season.
The first year of the contract is a two-way deal; the second year is a one-way deal.
... Read More

Elsa/Getty ImagesIn advance of Sunday’s 2:00 p.m. deadline to submit qualifying offers to restricted free agents, the Los Angeles Kings signed RFA forward Andy Andreoff to a two-year contract with an average annual value of $677,500.
Though he received nearly two minutes of ice time beyond what... Read More

Flipping the calendar to the first day of the NHL Draft, there are still a few odds and ends to catch up on as we wrap up one of the busiest weeks of the off-season.
Looking back one final time at the expansion draft, it was clear throughout the second half of the season that the Kings had put t... Read More

Tyler Toffoli and the Los Angeles Kings have agreed to contract terms that carry an average annual value of $4.6-million dollars, the team announced Wednesday. Though hockey operations was mum earlier in the day in regards to negotiations, this agreement abruptly puts a cap on on the Kings' most imp... Read More

Good morning from El Segundo, Insiders. I wish I had more to share with you, but Thursday's morning skate was optional, so no line rushes were held. Also, all players who did take part left at relatively the same time, so it's not clear if there will be a change on defense (i.e., whether Kevin Grave... Read More

The Los Angeles Kings have signed forward Nic Dowd and goaltender Jack Campbell to two-year contracts while making official the previously reported two-year extension to Derek Forbort. Via hockey operations, Dowd's cap hit is $640,000 and Campbell's $612.5; as had been noted Sunday, Forbort's contra... Read More

Matt Greene has passed through buyout waivers but was not bought out, according to the Kings. ESPN's Pierre LeBrun was the first to report this, while Lisa Dillman noted yesterday after correspondence with Dean Lombardi that a buyout wasn't certain, even though he passed through buyout waivers.
L... Read More

As first reported by Pierre LeBrun, the Kings have signed forward Teddy Purcell to a contract; via hockey operations, it's a one-year deal worth $1.6-million.
This signing is designed to off-set some of the production lost by Milan Lucic's Edmonton escapade. It obviously doesn't come with the sam... Read More

The Kings have signed Tom Gilbert to a one-year, $1.4M contract, Doug MacLean of Sportsnet has reported.
The Kings entered July 1 looking for a right-shot defenseman, and they found a character veteran who could ultimately slot into a depth role. In 637 career NHL games, Gilbert has 44 goals, 218... Read More

Buy stock in American Flag Emoji, Inc. Trevor Lewis has re-upped with Los Angeles for four years at an AAV of $2M per year.
Though Milan Lucic was the highest priority for the Kings, the team and player were unable to come to an agreement on a new contract, opening the door for Los Angeles to exp... Read More